An Exclusive Focus on Short-Term Performance

question 41

Multiple Choice

An exclusive focus on short-term performance

• A) is the best guarantee of a company's long-term performance.
• B) has helped to create a high-pressure environment conducive to fraud.
• C) encourages long-term research and development.
• D) hurts stock prices.

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Definitions:

Big Picture

An overall or broad perspective on a situation, considering all aspects, implications, and interconnections rather than focusing on details.

Strategic Thinking/Planning

The process of developing long-term visions and objectives, and outlining the necessary steps to achieve them, focusing on critical analysis and forward-looking perspectives.

Gallup Poll

A survey designed to sample public opinion on various subjects, conducted by the Gallup Organization, known for its national and global polls.

Executives

High-level managers in organizations, responsible for making strategic decisions and ensuring operational effectiveness.